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Showing 1141 - 1150 of 3463 results for "MAS"

MLC admin error hits superannuation DB members

KARREN VERGARA  |  FRIDAY, 14 DEC 2018
MLC confirmed that one of its superannuation funds under the Plum brand incurred an administration error. It is understood the admin error affected about 30 members from a legacy ExxonMobil defined benefit scheme. MLC did not disclose if the incorrect ...

Schroders hires former Hunter Hall portfolio manager

KANIKA SOOD  |  THURSDAY, 13 DEC 2018
The global manager with $39 billion of Aussie investor money has added to its Sydney-based investment team, including a former Hunter Hall portfolio manager. Schroders is welcoming Sebastian Mullins as a portfolio manager on the multi-asset team. Also ...

Lifecycle super can be better: Frontier

KANIKA SOOD  |  TUESDAY, 11 DEC 2018
A new paper from Frontier Advisors argues lifecycle strategies should work out retirement income targets for members and adjust investments to meet that goal rather than taking a "blunt mass customisation" approach. Lifecycle Investing: A refresher ...

Challenger kicks off active ETFs

KANIKA SOOD  |  MONDAY, 10 DEC 2018
Challenger's multi-boutique business Fidante Partners has listed its first active ETF as it dips its toes in the exchange-traded fund market. The Ardea Real Outcome Bond Fund (ASX: XARO) has become the first launch out of the ActiveX banner that ...

Industry dubious about one regulatory body: Survey

KARREN VERGARA  |  MONDAY, 10 DEC 2018
... Financial Conduct Authority (FCA). Singapore on the other hand is governed by one regulator - the Monetary Authority of Singapore (MAS). The Royal Commission highlighted several shortcomings in how the two bodies police the financial services sector ...

Aussie investors calm about next 12 months

KANIKA SOOD  |  THURSDAY, 6 DEC 2018
Seven in 10 Australian investors are confident about opportunities in the next 12 months, a sentiment that is more bullish than global counterparts. Research from Legg Mason polled 16,810 active direct investors globally, including 1000 Australians ...

Industry Super Australia chair steps down

DARREN SNYDER  |  TUESDAY, 4 DEC 2018
Former Australian Council of Trade Unions secretary and former Federal Government minister Greg Combet will become the new chair of Industry Super Australia today. Combet will replace Peter Collins in the top role as the latter steps down to fulfil ...

FASEA exam is not fair: Spot poll

KARREN VERGARA  |  MONDAY, 3 DEC 2018
The compulsory financial adviser and curriculum examination has been branded as unfair, according to Financial Standard's latest online survey. An overwhelming number of financial advisers (68%) said the long-awaited exam the Financial Adviser Standards ...

Australian philanthropist donates $100m to journalism

DARREN SNYDER  |  THURSDAY, 29 NOV 2018
Sydney will be home to a new journalism institute next year as part of a $100 million commitment to the profession from philanthropist Judith Neilson. The Judith Neilson Institute for Journalism and Ideas will encourage quality and evidence-based journalism ...

Blue Sky LIC adds new directors, denied pay rise

JAMIE WILLIAMSON  |  THURSDAY, 29 NOV 2018
Two new board directors have been appointed to oversee the Blue Sky Alternative Access Fund. At the same time, a six-figure aggregate increase to the annual remuneration of non-executive directors was not approved by shareholders. Based on proxy forms ...